World's Most Admired Company

March 2, 2012 - Avnet Named "World's Most Admired Company" in Its Industry by Fortune for Fourth Consecutive Year
Company Recognized for Exceptional Efforts and Performance Overall in the Wholesaler: Office Equipment and Electronics Category
PHOENIX -- Avnet, Inc. (NYSE:AVT) has been named No. 1 for the fourth consecutive year in the Wholesaler: Office Equipment and Electronics category in Fortune magazine's annual "World's Most Admired Companies" list for 2012. Avnet, a global value-added technology distributor, connects the world's leading technology suppliers with a broad base of customers around the world. In this year's Fortune list, Avnet retained the top position overall in its category and ranked first in six reputation attributes, including people management, use of corporate assets, social responsibility, quality of management, financial soundness, and global competitiveness.
"Avnet's solid performance in 2011 demonstrates the company's ability to help our customers and suppliers take advantage of growth opportunities around the globe," said Rick Hamada, chief executive officer of Avnet, Inc. "I am extremely proud of our team for receiving this recognition once again. Avnet's continued presence at the top of Fortune's list of Most Admired Companies is a testament to our employees' ability to deliver highly-valued and differentiated services that accelerate the success of the partners we serve."
Fortune's rankings, described as the "definitive report card on corporate reputations," are based on a survey of executives, directors and analysts who are asked to rate companies in their own industry on specific criteria from investment value to social responsibility. Only the best are listed -- a company's score must rank in the top half of its industry survey to be on the "most admired" list. For more information about the Fortune list of "Most Admired Companies," visit http://www.fortune.com.
About Avnet
Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers by providing cost-effective, value-added services and solutions. For the fiscal year ended July 2, 2011, Avnet generated revenue of $26.5 billion. For more information, visit
www.avnet.com.
All company and product names may be trademarks of the respective companies with which they are associated.

Avnet Key Facts

  • Exchange: NYSE
  • Founded: 1921 (by Charles Avnet)
  • CEO: Bill Amelio
  • Global Headquarters: Phoenix, Arizona
  • Ranked #102 on the FORTUNE 500 in 2016
  • Named to the FORTUNE “World’s Most Admired Companies®” 2016 list, 10th year in a row
  • 100,000+ customers worldwide
  • 18,000+ employees
  • 800+ suppliers
  • 300+ locations

 

Why Choose Avnet?

  • Avnet is an efficient and cost-effective sales and marketing channel helping suppliers reach a broad base of customers
  • Avnet’s state-of-the-art logistics system manage a high volume of transactions and complex information flows to ensure accurate and timely product delivery
  • Avnet is an efficient manager of more than 300,000 unique parts in the technology supply chain
  • Avnet’s value-added solutions for design chain management help customers reduce cycle time and lower costs
  • Avnet’s experienced technical customer support teams ensure the highest quality solutions and product are utilized by the customer